Today the Washington Post wrote a great sotry featuring Kovio: Over the Rainbow In Silicon Valley
Kovio is a great company, trying to reinvent the semiconductor business by transitioning to printed electronics. Having joined the board of Kovio recently, I am astounded by the breadth of that vision. Very similar to how we are trying to transform the communications space at Pudding Media by transitioning to an ad-supported model.
Heading to silicon valley to fulfil that dream made a lot of sense.
I think the gravity of the place is amazing – the mass, way beyond critical, is drawing talent, ideas, and money to make things happen.
In Israel we see the same phenomenon, where a concentration of talent and ideas makes for spontaneous combustion.
I think it is all about size. The closer we are physically, the more we can informally interact and exchange ideas. This in turn allows the truly good ideas to raise to the top when competing for those scarce resources – talent, attention, money. There is no substitute to proximity. No matter how good e-mail gets.
Small is very important, which is why we are seeing small pockets of entrepreneurship as opposed to a global spread.
